Creation of a State Debt - Baltimore City - Veditz Center of Maryland

Sponsored by:

Status:

In the Senate - Unfavorable Report by Budget and Taxation; Withdrawn

Authorizing the creation of a State Debt not to exceed $30,000, the proceeds to be used as a grant to the Board of Trustees of the Veditz Center of Maryland, Inc. for the acquisition of the Veditz Center of Maryland, located in Baltimore City; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; establishing a deadline for the encumbrance or expenditure of the loan proceeds; etc.